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Spice Islands Apparels reports standalone net profit of Rs 0.15 crore in the March 2016 quarter

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Capital Market

Sales decline 31.15% to Rs 5.68 crore

Net profit of Spice Islands Apparels reported to Rs 0.15 crore in the quarter ended March 2016 as against net loss of Rs 0.05 crore during the previous quarter ended March 2015. Sales declined 31.15% to Rs 5.68 crore in the quarter ended March 2016 as against Rs 8.25 crore during the previous quarter ended March 2015.

For the full year,net profit declined 54.10% to Rs 0.28 crore in the year ended March 2016 as against Rs 0.61 crore during the previous year ended March 2015. Sales declined 4.81% to Rs 22.95 crore in the year ended March 2016 as against Rs 24.11 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales5.688.25 -31 22.9524.11 -5 OPM %7.5716.36 -0.782.41 - PBDT0.360.08 350 0.821.21 -32 PBT0.14-0.13 LP 0.330.82 -60 NP0.15-0.05 LP 0.280.61 -54

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First Published: May 26 2016 | 8:36 AM IST

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